A machine is sold by A to B at a profit of 10% and then B sold it to C at a profit of 20%. If C paid a 1200 for the machine, what amount was paid by A to purchase the machine?
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Answer:
923.
Explanation
let A bought it for 100x rs .
he sold it to B at 10% profit means 110x rs
now B sold it at 20 % profit means
110x+20x = 130x and C paid 1200 means
130x = 1200
the value of X is 1200÷130 = 9.23
and we assumed that A bought it for 100X so
putting the value of X in 100X we get
100× 9.23 = 923 rs .
Do let me know if my answer is correct
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